Property Description

Income producing Northampton multi-family offers a solid, stable rental history with impressive room for growth. Very little exterior space to maintain. Walkable to downtown. Covenient to major routes, highways, cafes, shops, bike path, Smith College and bus routes. Easy access to Hadley, Amherst, Easthampton, Holyoke. 4 one level units on 2 floors plus a huge bonus space on the 3rd fl with multiple finished rooms & 2 bathrooms that a new owner can explore converting for maximizing income. Uses might incl studio space, home offices, or expansion of current units. Full basement w/ laundry hook-ups, updated elec panels, replacement windows, newer heating systems. Current rents include trash/snow removal. Most utilities separate. This property produces income today even with rents that appear to be under market. The additional advantage of untapped potential for increased value makes this is a golden opportunity for both savvy investors and future owner-occupant buyers.